08:46 am - Thursday 27 April 2017

Wipit to showcase its Mobile Payments solutions at FinovateSpring 2012

By insightVAS - Fri Mar 30, 12:36 pm

Mobile payments company Wipit, Inc. has announced its participation as a presenting company at FinovateSpring 2012 in San Francisco. FinovateSpring is an industry conference that showcases the latest, groundbreaking innovations in financial and banking technology from leading established companies and young startups.

“We are excited to present Wipit’s mobile payment service at FinovateSpring 2012,” said Wipit, Inc. CEO Richard Kang. “The conference is a prestigious event that highlights innovative technology, and I’m delighted to showcase the future of mobile payments for the underbanked consumer.”

Wipit offers underbanked consumers the convenience and security of single-click mobile payments. The service allows users to create a free mobile wallet account via their smartphone or online, then fund it with cash added at one of 10,000+ authorized retailers nationwide. Prepaid funds are immediately available to the consumer to make in-app purchases, mobile payments or web payments with merchants who accept Wipit as a payment option. The service is designed to cater to consumers without bank accounts or credit cards, a target demographic that represents 25% of all United States households, including a significant overlap of the over 60 million U.S. prepaid wireless subscribers.

Wipit, Inc. is a Southern California headquartered company founded to provide software-based financial services solutions for the cash-preferred customer, developers and merchants globally.

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